Marijuana Deliverer Meadow Rolls up $2.1M for Dispensary Sales Software
Meadow already lets you get a prescription for medical marijuana over video chat and order from a nearby shop that delivers. Now it wants to be the backbone of the weed business, too. Pot dispensaries can’t use standard point-of-sale or inventory software because they aren’t compliant with the industry’s strict regulations.
So over the last year, since graduating Y Combinator, Meadow has been raising a $2.1 million seed round on a rolling basis to build out specialized cannabis sales software. Today it announced the round is sealed, with participation from ex SV Angel David Lee, YC’s Justin Kan, Reddit’s Steve Huffman, Kissmetrics’ Hiten Shah, Slow Ventures, SOMA Capital and Poseidon Asset Management.
Meadow’s point-of-sale software for marijuana dispensaries
The cash will help Meadow build out weed-friendly alternatives to QuickBooks and Square, and pay for marketing to smoke its big competitor Eaze....
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